. VCs retained in your account after 5 years will not be taxed at the point of withdrawal

. Because VC is not mandatory, you have the freedom to decide the amount to contribute as well as the frequency of contributions e.g. monthly or quarterly

. Your VCs can be used to augment your RSA balance at the time of retirement thereby increasing the value in your mandatory RSA

. Our focus in managing your pension funds is to ensure that the investment is secure while delivering competitive returns

Point to note

You are eligible to withdraw only 50% of your VC as long as the contributions have been retained in the account for a period of at least 2 years. Subsequent withdrawals will be made after 2 years from the last withdrawal date: i.e. if your last withdrawal date was January 2017, your next withdrawal date would be anytime from February 2019.